Fri, Nov 28, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

LNG Capital launches LNG FX fund

Tuesday, July 22, 2014

Komfie Manalo, Opalesque Asia:

London based European Credit focused asset management firm LNG Capital announced the launch of LNG FX fund.

LNG founder and chief executive officer Louis Gargour said the strategy is an actively managed UCITs FX systematic strategy and the managers have been producing strong results at LNG for almost two years in managed account format.

Ukraine, Gaza conflicts worry investors In his weekly commentary, Gargour said the market is driven by fear that is why LNG is oscillating between risk on and risk off in a same day. "Tension in Ukraine and Gaza is weighing on current attempts to stage a bull trend," he said and added, "Banco Espirito woes are at the forefront of sentiment. Asian and commonwealth growth is still a positive."

On Monday, The Journal reported that hedge funds appeared to have wasted little time putting their short positions back on troubled Portuguese lender Banco Espirito Santo. The Portuguese regulator set a ban on short-selling the shares at the beginning of July and finally lifted it at 11:59pm on Wednesday, having extended it a number of times.

According to Gargour, Europe is continuing to show some weakness as the production dipped and was revised lower with Germany showing signs of easing. Also, the Ger......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Unlucky Paulson & Co. rebrands $1.6bn Recovery Fund after 13% drop[more]

    From Businessweek.com: A maturing U.S. economic recovery is prompting Paulson & Co. to change course. The $19 billion hedge fund firm, led by billionaire John Paulson, told investors on a conference call this month that the Paulson Recovery Fund will be renamed Paulson Special Situations Fund on Jan

  2. Opalesque Roundtable: Islamic Finance races ahead with Sukuk, the first managed account platform, and foreign demand[more]

    Komfie Manalo, Opalesque Asia: A number of developments took place within Islamic finance in the past years, including the launch of a Islamic managed account platform and the further growth of the sukuk space that saw this instrument evolve from being a type of an ABS security that was rarely

  3. CTAs , event-driven strategies lead hedge funds recovery in mid-November[more]

    Komfie Manalo, Opalesque Asia: November’s performance proves to be in sharp contrast to the previous month, with equities further consolidating their upswing last week, according to the latest Lyxor Asset Management’s Weekly Brief. CTA funds als

  4. Fund Profile - A complex hedge fund strategy works for United Technologies[more]

    From Institutionalinvestor.com: Reports that portable alpha is dead have been greatly exaggerated, as Mark Twain might have phrased it. Another Connecticut Yankee, giant United Technologies Corp., is gearing up to grow its successful, nearly decade-long portable-alpha program. The UTC strategy took

  5. Opalesque Exclusive: The unintended consequences of Basel III[more]

    Benedicte Gravrand, Opalesque Geneva: Bijesh Amin, co-founder and managing director of Indus Valley Partners (IVP), a technology solutions and services firm focused on the alternative asset management industry, has recently observed